New owners to expand product line to home furnishings industry

BASF sells flame resistant fibers business to McKinnon-Land-Moran

20-Jun-2002

BASF and McKinnon-Land-Moran LLC (MLM) - an American manufacturer of products for the home furnishings industry - announced today that they have signed an agreement for MLM to purchase BASF's Basofil® heat and flame resistant fiber business.

The purchase includes the intellectual property, inventories, machinery and equipment related to the Basofil fiber manufacturing operation located at the Enka, North Carolina site. MLM, based in Charlotte, NC, will continue to operate the Basofil fiber production plant at Enka.

BASF first introduced Basofil, a unique flame resistant melamine fiber, in the mid-1990's for use in fire blocking fabrics for commercial aircraft seating. In recent years, Basofil fiber applications have been expanded to include fire blocking fabrics for firefighter turnout gear and industrial protective work wear.

During the International Sleep Products Association's "ISPA 2002 EXPO" held in Denver, Colorado, MLM introduced AlessandraTM patented flame resistant yarn technology. The Alessandra flame barrier yarn and fabric technology is utilized to make ticking fabric for mattress and box spring sets and as an interliner barrier fabric for both mattresses and upholstered furniture. Basofil fiber was included as a significant component of selected Alessandra yarn products previewed at the Expo. The purchase of the Basofil fiber business will allow MLM to further develop and expand their product line with woven ticking products and non-woven, high-loft products.

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